SP500 daily chart - death cross - 50 day ma crossed under the 200 day ma.
This has occurred at the same time as the daily MACD has had a positive x-over.
Which is the better predictor?
It would seem that the market is now at a critical point with upward and downward technical markers in conflict.
Resolution should come soon.
Cheers
Red
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Last
8,844.8 |
Change
37.700(0.43%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,817.2 | 8,852.3 | 8,815.2 |
| XJO (ASX) Chart |